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Nigeria steps up bank graft trials

Two former directors of Bank PHB in Nigeria are the latest executives to face criminal charges after a $4 billion central bank bailout stopped nine financial institutions from going to the wall. Nigerian anti-corruption police accused the two of mismanaging depositor funds and granting credit without collateral in a 26-count charge. Both pleaded not guilty. The banking regulator has charged numerous other senior bankers following a preliminary audit of lenders which found lax governance posed a systemic risk. The charges range from recklessly granting loans to share price manipulation. Read more: Reuters

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The Spy Bill: An autocratic roadmap to State Capture 2.0

Join Heidi Swart in conversation with Anton Harber and Marianne Merten as they discuss a concerning push to pass a controversial “Spy Bill” into law by May 2024. Tues 5 Dec at 12pm, live, online and free of charge.

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